1. Which one of these is most apt to be included in a bond’s indenture one year after the bond has been issued?
1. Written record of all the current bond holders.
2. Price at which a bondholder can resell the bond to another bondholder.
3. Current market price.
4. Current yield.
5. List of collateral used as bond security.
2. The bond market requires a return of 9.8 percent on the five-year bonds issued by JW Industries. The 9.8 percent is referred to as which one of the following?
1. Current yield.
2. Call rate.
3. Yield to maturity.
4. Face rate.
5. Coupon rate.